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Signing of Bilateral Advance Pricing Agreement by CBDT

News and Press Release - Dated:- 14-1-2017 - The Central Board of Direct Taxes (CBDT) entered into a Bilateral Advance Pricing Agreement (BAPA) on the 13th of January, 2017 with Indian subsidiary of a Japanese trading company. Recently, the CBDT has .....

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otal number of bilateral APAs entered into by the CBDT is now eight. The APA Scheme was introduced in the Income-tax Act in 2012 and the Rollback provisions were introduced in 2014. Signing of bilateral APA is an important step towards ascertaining c .....

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